Functional Protein Market, By Type, By Source, By Form, By Application, By Geography

Description

The global functional protein market is estimated to be valued at USD 5.1 Bn in 2024 and is expected to reach USD 7.2 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 5% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	US$ 5.1 Bn
Historical Data for:	2019 To 2023	Forecast Period:	2024 To 2031
Forecast Period 2024 to 2031 CAGR:	5.00%	2031 Value Projection:	US$ 7.2 Bn

Figure 1. Functional Protein Market Share (%), By Region, 2024

The global functional protein market has been witnessing substantial growth over the past few years due to the rising awareness about fitness and protein's importance in daily diet. Functional proteins aid in managing weight, building muscle mass, and improving immunity. Growing health-consciousness among consumers and availability of plant-based proteins are some of the key factors driving the increased consumption of functional proteins globally. Additionally, the market has gained traction due to innovations in protein enrichment and fortification by manufacturers. However, high prices of functional proteins limit their adoption in price-sensitive markets.

Market Dynamics

The global functional protein market is driven by the growing consumer base of fitness enthusiasts and athletes who consume protein supplements to build muscle mass. Rising income levels coupled with health and wellness trends have also fueled the sales of functional proteins. Moreover, increasing product innovations with attributes like low-calorie, vegan-friendly, sugar-free, and others are creating new opportunities in this market. However, high prices of functional proteins as compared to conventional proteins act as a restraint. Lack of awareness in rural areas hampers the market growth. Functional protein manufacturers are focusing on improving taste and sensations to attract more consumers.

Key Features of the Study

This report provides an in-depth analysis of the global functional protein market, and provides market size (US$ Bn) and compound annual growth rate (CAGR %) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global functional protein market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include ADM, Cargill, Ingredion, Arla Foods, Roquette, BASF, Glanbia, Fonterra, DSM, FrieslandCampina, Essentia Protein Solutions , Amai Proteins, Mycorena, Merit Functional Foods, Plantible Foods, BENEO, ProtiFarm, and Omega Protein
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global functional protein market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Detailed Segmentation:

By Type:
- Whey Protein
- Casein Protein
- Soy Protein
- Collagen Protein
- Egg Protein
- Others (Pea Protein, etc.)
By Source:
- Animal
- Plant
By Form:
- Dry
- Liquid
By Application:
- Dietary Supplements
- Functional Food
- Sports Nutrition
- Others (Animal Nutrition, etc.)
Regional
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Company Profiles:
- ADM
- Cargill
- Ingredion
- Arla Foods
- Roquette
- BASF
- Glanbia
- Fonterra
- DSM
- FrieslandCampina
- Essentia Protein Solutions
- Amai Proteins
- Mycorena
- Merit Functional Foods
- Plantible Foods
- BENEO
- ProtiFarm
- Omega Protein

Product Code: CMI6821

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Type
- Market Snippet, By Source
- Market Snippet, By Form
- Market Snippet, By Application
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- PEST Analysis
- PORTER's Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Key Developments
- Industry Trend

4. Global Functional Protein Market - Impact of Coronavirus (COVID-19) Pandemic

Overview
Factors Affecting Global Functional Protein Market - COVID-19
Impact Analysis

5. Global Functional Protein Market, By Type, 2019-2031 (US$ Bn)

Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Whey Protein
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Casein Protein
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Soy Protein
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Collagen Protein
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Egg Protein
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Others (Pea Protein, etc.)
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends

6. Global Functional Protein Market, By Source, 2019-2031 (US$ Bn)

Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Animal
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Plant
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends

7. Global Functional Protein Market, By Form, 2019-2031 (US$ Bn)

Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Dry
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Liquid
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends

8. Global Functional Protein Market, By Application, 2019-2031 (US$ Bn)

Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Dietary Supplements
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Functional Food
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Sports Nutrition
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Others (Animal Nutrition, etc.)
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends

9. Global Functional Protein Market, By Region, 2019-2031 (US$ Bn)

Introduction
- Market Share Analysis, By Region, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
North America
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Type, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Source, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Form, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Application, 2019- 2031 (US$ Bn)
- Countries
U.S.
Canada
Latin America
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Type, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Source, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Form, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Application, 2019- 2031 (US$ Bn)
- Countries
Brazil
Argentina
Mexico
Rest of Latin America
Europe
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Type, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Source, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Form, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Application, 2019- 2031 (US$ Bn)
- Countries
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Type, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Source, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Form, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Application, 2019- 2031 (US$ Bn)
- Countries
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Middle East & Africa
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Type, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Source, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Form, 2019- 2031 (US$ Bn)
- Market Size and Forecast, By Application, 2019- 2031 (US$ Bn)
- Sub-regions/Countries
GCC Countries
Israel
Rest of Middle East & Africa

10. Competitive Landscape

Heat Map Analysis
Market Share Analysis (3x3 Matrix)
Company Profiles
- ADM
Company Overview
Type Portfolio
Recent Developments/Updates
- Cargill
- Ingredion
- Arla Foods
- Roquette
- BASF
- Glanbia
- Fonterra
- DSM
- FrieslandCampina
- Essentia Protein Solutions
- Amai Proteins
- Mycorena
- Merit Functional Foods
- Plantible Foods
- BENEO
- ProtiFarm
- Omega Protein

11. Analyst Recommendation

Wheel of Fortune
Analyst View
Coherent Opportunity Map

12. Section

References
Research Methodology
About Us and Sales Contact
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